I am also unsure exactly what purpose (ticket, loyalty card, etc.) the punch was used for. Bonney-Vehslage Cow Head Hole Ticket Punch.
Bonney Vehslage Vintage Railroad Conductor Ticket Punch Stamp Unique cut out
8F VTG Heavy Duty Steel 1/2" Linear Hole Punch Tool Luggage Bonney-Vehslage
Vintage BV Ticket Punch Control Nippers Railroad Conductor Bus Driver
